Index Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
S&P 500 Industrials (Sector) (CME:SP500-20)
Countertrend Up (+85) - SP500-20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP500-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-20
The long-term trend has been UP since Aug 10th, 2020 at 643.96
The intermediate-term trend has been UP since Feb 9th, 2021 at 759.84
The short-term trend has been DOWN since Mar 4th, 2021 at 774.61
Smart Scan Analysis for SP500-20
Based on our trend formula, SP500-20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||680.89||52wk High Date||2018-01-29|
|52wk Low||563.06||52wk Low Date||2018-10-29|